Monday, 17 August 2015

Where Precious Jewellery Stands in India

Everybody loves wearing jewellery. People have been
wearing jewellery for ages. India has been credited for having beautiful jewellery.
It has a long and rich history when it comes to jewellery.Diamondswere first recognized
and mined in India. India is home to the world’s leading diamond cutting and
polishing centre, providing Bridal Jewellery in India around the world. The precious stone industry occupies an
important position in the Indian economy. It is one of the
fastest growing industries in the country.

The two major parts of the sector in India are gold
and diamonds. Gold jewellery forms around eighty per cent of the Top Jewellers in Delhi market while the rest includes diamond and precious stone jewellery.
A small portion of jewellery manufactured in India is consumed in the domestic
market. A major portion of uncut diamonds is exported either in the form of
polished diamonds or finished diamond jewellery.

Luxury Jewellery Brands in Delhi is
one of the fastest growing sectors in the Indian economy with an annual growth of
ten per cent. The gems and jewellery industry accounts for thirty per cent of
the total Indian exports. In the global diamond market today, Indian diamonds
account for sixty per cent in value, eighty per cent in weight and ninety
per cent in volume. Today there is a ready availability of diamonds in nearly
every size, quality and cut. The Indian jewellery market is one of the largest
in the world, with a market of about thirteen billion dollars. It is second
only to the US market of fifty billion dollars and is followed by China at ten
billion dollars. The gold jewellery market is growing at fifteen per cent per
and the diamond jewellery market at thirty per cent.

With its cut and polished diamonds, precious
stones, gold and fashion jewellery, India accounts for almost sixty per cent of
the international market. The Precious Jewellery
sector contributes about sixty per cent of the world’s exports. About ninety
per cent is in terms of pieces and eighty per cent is in terms of carats. Almost
every diamond sold around the globe is processed in India.

Leading its way up the ladder, diamonds are the
most expensive gems in the world. Kanjimull Jewellers bring the best quality certified diamonds
and process them into fine diamond rings, diamond
pendants and diamond earrings.